Zetta Jet shareholders fight over Chapter 11 filing and criminal allegations

Chapter 11 filings are often complicated, heated affairs. But the shareholders of Zetta Jet, the Singaporean-headquartered US business jet operator, are in open conflict. Lawsuits have been filed in both countries, including one alleging racketeering, fraud and other criminal activities. Two of Zetta Jet’s founders and the company’s new managing director filed for bankruptcy protection … Continue reading Zetta Jet shareholders fight over Chapter 11 filing and criminal allegations